Pivot: 24.35
Our preference: SHORT positions below 24.35 with targets @ 22.36 21.7.
Alternative scenario: The upside breakout of 24.35 will open the way to 24.85 25.85.
Comment: the RSI is below its neutrality area at 50%
Trend: ST Ltd downside; MT Bearish
Key levels Comment
25.85** Intraday resistance
24.85** Fib retracement (61.8%)
24.35** Intraday pivot point
22.787 Last
22.36** Fib projection
21.7** Fib projection
20.25** Fib projection
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